By Svea Herbst-Bayliss NEW YORK(Reuters) – Billionaire investor Daniel Loeb is searching for more promising startups and is setting his…
Airbus eyes Saudi deal for almost 40 A350 jets – sources
PARIS/DUBAI (Reuters) – Saudi Arabia is in advanced negotiations to order almost 40 A350 jets from Europe’s Airbus as part…
Egypt to develop new currency indicator to wean people off U.S. dollar
CAIRO (Reuters) – Egypt will develop a new currency indicator partly to wean people off the idea that the Egyptian…
Saudi Arabia launches bid to attract $10 billion in supply chain investment
RIYADH (Reuters) -Saudi Arabia’s crown prince on Sunday launched an initiative to attract investments in supply chains to and from…
Saudi forum set to draw U.S. business leaders despite tensions
By Rachna Uppal and Yousef Saba DUBAI (Reuters) – A public spat between the United States and Saudi Arabia will…
Oil prices settle up; China demand hopes outweigh recession worry
By Laila Kearney NEW YORK (Reuters) -Oil prices settled up on Friday as hopes of stronger Chinese demand and a…
Turkey halts lending to more FX-rich firms to boost lira
ISTANBUL (Reuters) – Turkey tightened lending rules for many companies with more than $500,000 in foreign currency cash on Friday,…
White House in talks with Musk to set up Starlink in Iran – CNN
(Reuters) – The White House is in talks with billionaire Elon Musk about setting up SpaceX’s satellite internet service Starlink…
Turkey says not right for U.S. to pressure Saudi Arabia over oil output
ISTANBUL (Reuters) – Turkish Foreign Minister Mevlut Cavusoglu said on Friday it was not right for the United States to…
KKR, others to invest $500 million in India’s UPL units
BENGALURU (Reuters) – India’ UPL Ltd said on Friday U.S. investment firm KKR & Co Inc and others would invest…